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Yellen: New Debt Limit, Trump
Janet Yellen expects the US to hit debt limit before the end of January
Treasury Secretary Janet Yellen said her department will soon need to take "extraordinary measures" to prevent the US from defaulting on its debt.
US To Hit New Debt Limit As Soon As Jan 14: Yellen
The United States could come up against its debt ceiling as soon as in mid-January, Treasury Secretary Janet Yellen said Friday, urging Congress to "act to protect the full faith and credit" of the country.
Janet Yellen tells Congress US could hit debt limit in mid-January
"Treasury expects to hit the statutory
debt
ceiling
between January 14 and January 23," Yellen ... "I respectfully urge Congress to act to protect the full faith and credit of the
United
States
," she said. The
news
comes after President Joe Biden signed ...
New York Post
1h
‘Extraordinary measures’ needed by mid-January to keep US from defaulting on national debt, Treasury Secretary Janet Yellen warns Congress
“I respectfully urge Congress to act to protect the full faith and credit of the
United
States
,” she added. Yellen’s ...
7d
on MSN
What is the debt ceiling, and is Trump right that a default 'could mean nothing'?
The reality is that a U.S. government default would be unprecedented, and many experts have said it would likely lead to ...
7d
What is the debt ceiling? Does California have a debt ceiling? What to know.
CDLAC has a population-based formula to determine the cap. CDLAC was created to set and allocate California's annual debt ...
3h
on MSN
US may hit new debt limit as early as Jan 14, Yellen says
The U.S. Treasury Department may need to take "extraordinary measures" by as early as Jan. 14 to prevent the United States ...
9h
on MSN
Republicans will still have to deal with the debt ceiling in 2025. Here’s what you need to know
Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish.
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